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  1. #1

    Default Canadians use MoneyBookers????

    Do any Canadians use Moneybookers? I know Neteller won't allow Candians to use their service for gaming but I could find anything whether Moneybookers allows Canadians to use gaming transactions? Thanks for the help!

  2. #2

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    yes you can use it but several banks like scotia won't allow credit or bank wires or will accept payouts from them, i would recommend cibc amongst the big banks , no problem depositing or payouts, desjardins works also and if you are on the west coast , van city credit union,

  3. #3

    Default

    i think bmo also works fine for sending wires and cc and getting payouts

  4. #4

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    I always had headaches with them because i found their customer service lousy. You can Use ATB bank if you are in Alberta

  5. #5

  6. #6
    mrmarket's Avatar SBR PRO
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    Set it up in USD unless you want to eat exchange fees everytime you move it around. I don't think it can be switched if you start it in CDN. I used to have TD borderless accounts before i was booted and it worked well for saving fees so you might try that.

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  8. #8

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    mrmarket, if you become Moneybookers VIP, you can have 2 or 3 accounts with them in different currencies. You might want to inquire into that by e-mailing vip@m... if the currency conversion costs have become an issue/inconvenience.

  9. #9

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    You have to have at least 5000 EUR outgoing transactions/month to become a vip.

  10. #10

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    Quote Originally Posted by thespeculator View Post
    i think bmo also works fine for sending wires and cc and getting payouts
    I can confirm BMO will accept moneybookers transactions.

  11. #11
    byronbb's Avatar SBR PRO
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    Works fine with RBC.

  12. #12

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    Thanks. All the info is greatly appreciated. I think I am going to signup this weekend and I know the bank thanks to all the help here!

  13. #13

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    TDCanadatrust is also a 'go' at this time for Moneybookers transactions into and out of your account; However it is my understanding that TD CC transactions will not be processed.....

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  14. #14

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    Can Americans have a Moneybookers account? I know we can't use it to deposit into sportsbooks, but do they accept US users for other purposes? Also, does MB allow client-to-client transfers?
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  15. #15

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    I've used it before but didn't like the double hit on fees when withdrawing to bank account. On top of the withdrawal fee charged from Moneybookers, I also get charged $10 from the bank for incoming wire. I now look for books that offer Ins ta de bit. No fees deposit or withdrawal.

  16. #16

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    Quote Originally Posted by dazed99 View Post
    I've used it before but didn't like the double hit on fees when withdrawing to bank account. On top of the withdrawal fee charged from Moneybookers, I also get charged $10 from the bank for incoming wire. I now look for books that offer Ins ta de bit. No fees deposit or withdrawal.
    if you use cibc you won't have that incoming hit, altleast i haven't so far, maybe it is because my amounts are small, so far so good

  17. #17

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    Quote Originally Posted by thespeculator View Post
    if you use cibc you won't have that incoming hit, altleast i haven't so far, maybe it is because my amounts are small, so far so good
    I used TD US account

  18. #18

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    insta is better when it comes to fees, and it is usually in your bank account in 48 hours

    moneybookers exchange rate is total robbery

  19. #19
    mrmarket's Avatar SBR PRO
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    Quote Originally Posted by thespeculator View Post
    insta is better when it comes to fees, and it is usually in your bank account in 48 hours

    moneybookers exchange rate is total robbery
    That's why you try to hook MB account to US CHQ account with USA routing number. Canada based US accounts get hit with exchange everytime. TD borderless is the easiest option but i think RBC Centura is another choice, or simply going across border and opening at a branch there. Hook USA account with XE.com with your CDN chqing. Saves quite a bit if you transfer decent amounts with regularity.

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  20. #20

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    Quote Originally Posted by mrmarket View Post
    That's why you try to hook MB account to US CHQ account with USA routing number. Canada based US accounts get hit with exchange everytime. TD borderless is the easiest option but i think RBC Centura is another choice, or simply going across border and opening at a branch there. Hook USA account with XE.com with your CDN chqing. Saves quite a bit if you transfer decent amounts with regularity.
    thanks , as the dollar is rising like crazy, it is time to get a usd account

  21. #21

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    just play in pinny or any euro books i think. USD is not going to be the reserved currency anymore and its on the brink of devaluing. Im just about waiting to cash in a 2k USD check from Legends and im expecting to pay atleast 100USD to be cut of by these exchange to convert to CAD.

  22. #22

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    Quote Originally Posted by AribaAriba View Post
    just play in pinny or any euro books i think. USD is not going to be the reserved currency anymore and its on the brink of devaluing. Im just about waiting to cash in a 2k USD check from Legends and im expecting to pay atleast 100USD to be cut of by these exchange to convert to CAD.
    While using US Dollars makes this easy across books and such, the value is a concern with how the Fed is printing money. Being in Canadian dollars might even be worth the bad exchange at MB.

  23. #23

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    Quote Originally Posted by thespeculator View Post
    yes you can use it but several banks like scotia won't allow credit or bank wires or will accept payouts from them, i would recommend cibc amongst the big banks , no problem depositing or payouts, desjardins works also and if you are on the west coast , van city credit union,
    no probs depositing/withdrawing with Scotia on my end

  24. #24

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    Quote Originally Posted by cyberinvestor View Post
    While using US Dollars makes this easy across books and such, the value is a concern with how the Fed is printing money. Being in Canadian dollars might even be worth the bad exchange at MB.
    No crap. While everyone around me is jumping across the border to shop with the high dollar. I'm watching my br shrivel bit by bit every day.
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  25. #25

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    Quote Originally Posted by bracerman View Post
    No crap. While everyone around me is jumping across the border to shop with the high dollar. I'm watching my br shrivel bit by bit every day.
    Over the next 2-3 years that shrivel may get a lot faster. Be careful!

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